2025-08-08
According to customs statistics, in the first seven months of 2025, China's total import and export value of goods trade was 25.7 trillion yuan, a year-on-year increase of 3.5%. Among them, exports were 15.31 trillion yuan, an increase of 7.3%; imports were 10.39 trillion yuan, a decrease of 1.6%, with the decline narrowing by 1.1 percentage points compared to the first half of the year.
In July, China's total value of goods trade imports and exports reached 3.91 trillion yuan, up 6.7% year-on-year. Of this, exports totaled 2.31 trillion yuan, up 8%; imports reached 1.6 trillion yuan, up 4.8%, marking two consecutive months of growth.
In the first seven months, China's general trade imports and exports reached 16.44 trillion yuan, up 2.1%, accounting for 64% of China's total foreign trade value. During the same period, processing trade imports and exports reached 4.6 trillion yuan, up 6.3%, accounting for 17.9%. Additionally, China's imports and exports under bonded logistics reached 3.69 trillion yuan, up 6%.
In the first seven months, ASEAN was China's largest trading partner, with total trade value reaching 4.29 trillion yuan, up 9.4%, accounting for 16.7% of China's total foreign trade value. The EU was China's second-largest trading partner, with total trade value reaching 3.35 trillion yuan, up 3.9%, accounting for 13% of China's total foreign trade value. The United States was China's third-largest trading partner, with total trade value reaching 2.42 trillion yuan, a decrease of 11.1%, accounting for 9.4% of China's total foreign trade value.
During the same period, China's total imports and exports with countries participating in the Belt and Road Initiative reached 13.29 trillion yuan, an increase of 5.5%.
In the first seven months, imports and exports of private enterprises reached 14.68 trillion yuan, an increase of 7.4%, accounting for 57.1% of China's total foreign trade value, an increase of 2.1 percentage points compared to the same period last year. During the same period, foreign-invested enterprises' imports and exports reached 7.46 trillion yuan, up 2.6%, accounting for 29% of China's total foreign trade value. State-owned enterprises' imports and exports reached 3.49 trillion yuan, down 8.8%, accounting for 13.6% of China's total foreign trade value.
In the first seven months, China's exports of machinery and electrical products reached 9.18 trillion yuan, up 9.3%, accounting for 60% of total exports. During the same period, exports of labor-intensive products reached 2.41 trillion yuan, down 0.8%, accounting for 15.7% of total exports. Exports of agricultural products reached 414.66 billion yuan, up 2.9%.
(Source: General Administration of Customs)